Innovate (VATE) Intangibles (2010 - 2025)
Innovate (VATE) posted quarterly Intangibles of $165.2 million for Q4 2025, down 4.18% year-over-year from $172.4 million in Q4 2024, and down 1.08% quarter-over-quarter from $167.0 million in Q3 2025.
Innovate (VATE) Intangibles (2010 - 2025) Analysis & Trends
Innovate's Intangibles history runs 16 years deep, the most recent figure standing at $165.2 million for Q4 2025.
- In Q4 2025, Intangibles fell 4.18% year-over-year to $165.2 million; the TTM figure through Dec 2025 stood at $165.2 million (down 4.18% YoY), while the FY2025 annual figure was $165.2 million, down 4.18% from the prior year.
- Intangibles for Q4 2025 stood at $165.2 million, down from $167.0 million in the prior quarter.
- The five-year high for Intangibles was $222.0 million in Q2 2021, with the low at $165.2 million in Q4 2025.
- The 5-year median for Intangibles is $179.8 million (2023), against an average of $184.8 million.
- The sharpest annual moves came in 2021 and 2022: Intangibles slipped 24.08% in 2021, then increased 22.2% in 2022.
- Innovate's Intangibles stood at $208.4 million in 2021, then dropped by 8.78% to $190.1 million in 2022, then retreated by 5.89% to $178.9 million in 2023, then slipped by 3.63% to $172.4 million in 2024, then retreated by 4.18% to $165.2 million in 2025.
- Business Quant data shows VATE's Intangibles at $165.2 million in Q4 2025, $167.0 million in Q3 2025, and $168.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 3.22 Bn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 534.58 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | 147.83 Mn |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 1.08 Bn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 730.00 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 548.01 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 1.74 Bn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | 640.01 Mn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 54.24 Mn |
| 10 | Innovate | 101.71 Mn | 507,135.29 | 58.90 Mn | 165.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 165.20 Mn |
| Sep 30, 2025 | 167.00 Mn |
| Jun 30, 2025 | 168.60 Mn |
| Mar 31, 2025 | 170.40 Mn |
| Dec 31, 2024 | 172.40 Mn |
| Sep 30, 2024 | 173.40 Mn |
| Jun 30, 2024 | 175.10 Mn |
| Mar 31, 2024 | 177.10 Mn |
| Dec 31, 2023 | 178.90 Mn |
| Sep 30, 2023 | 180.80 Mn |
| Jun 30, 2023 | 182.60 Mn |
| Mar 31, 2023 | 186.10 Mn |
| Dec 31, 2022 | 190.10 Mn |
| Sep 30, 2022 | 194.30 Mn |
| Jun 30, 2022 | 198.40 Mn |
| Mar 31, 2022 | 204.20 Mn |
| Dec 31, 2021 | 208.40 Mn |
| Sep 30, 2021 | 213.10 Mn |
| Jun 30, 2021 | 222.00 Mn |
| Mar 31, 2021 | 167.10 Mn |